Annual growth of GDP per capita in Philippines
Philippines: Annual growth of GDP per capita was 3.6% in 2025. ◆ Volatile
Annual growth of GDP per capita in Philippines, 1961–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in annual %.
Analysis
Philippines recorded 3.6% for annual growth of gdp per capita in 2025.
That represents a change of down 26.5% on the previous year and down 25.7% over ten years.
Over the whole period, annual growth of gdp per capita in Philippines peaked at 6.8% in 2022 and was at its lowest, -10.5%, in 2020.
That places Philippines 65th out of 212 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of GDP per capita in Philippines, year by year
| Year | annual % | Change |
|---|---|---|
| 1961 | 2.4% | — |
| 1962 | 1.6% | -34.6% |
| 1963 | 3.7% | +136.6% |
| 1964 | 0.2% | -93.6% |
| 1965 | 2.2% | +812.0% |
| 1966 | 1.4% | -37.4% |
| 1967 | 2.2% | +59.7% |
| 1968 | 2.0% | -6.0% |
| 1969 | 1.8% | -13.3% |
| 1970 | 1.0% | -41.1% |
| 1971 | 2.9% | +181.6% |
| 1972 | 3.0% | +3.9% |
| 1973 | 6.4% | +109.6% |
| 1974 | 1.2% | -81.5% |
| 1975 | 3.1% | +160.2% |
| 1976 | 6.1% | +96.6% |
| 1977 | 2.8% | -54.0% |
| 1978 | 2.4% | -13.7% |
| 1979 | 2.8% | +17.1% |
| 1980 | 2.5% | -11.5% |
| 1981 | 0.8% | -69.4% |
| 1982 | 0.9% | +13.7% |
| 1983 | -1.0% | -218.7% |
| 1984 | -9.7% | +841.4% |
| 1985 | -9.4% | -3.3% |
| 1986 | 0.9% | -109.5% |
| 1987 | 1.6% | +84.4% |
| 1988 | 3.9% | +135.0% |
| 1989 | 3.5% | -8.6% |
| 1990 | 0.5% | -86.5% |
| 1991 | -2.8% | -687.9% |
| 1992 | -1.9% | -30.9% |
| 1993 | -0.2% | -87.3% |
| 1994 | 2.1% | -963.1% |
| 1995 | 2.4% | +11.2% |
| 1996 | 3.4% | +46.1% |
| 1997 | 2.7% | -20.6% |
| 1998 | -3.0% | -208.9% |
| 1999 | 0.7% | -124.7% |
| 2000 | 1.9% | +161.2% |
| 2001 | 0.8% | -58.5% |
| 2002 | 1.6% | +104.1% |
| 2003 | 3.0% | +85.1% |
| 2004 | 4.5% | +49.4% |
| 2005 | 3.0% | -33.4% |
| 2006 | 3.6% | +18.3% |
| 2007 | 4.7% | +31.7% |
| 2008 | 2.5% | -46.3% |
| 2009 | -0.4% | -114.4% |
| 2010 | 5.2% | -1521.3% |
| 2011 | 1.8% | -64.4% |
| 2012 | 4.8% | +163.4% |
| 2013 | 4.8% | -1.6% |
| 2014 | 4.6% | -3.1% |
| 2015 | 4.8% | +3.7% |
| 2016 | 5.7% | +19.5% |
| 2017 | 5.6% | -2.8% |
| 2018 | 5.0% | -9.5% |
| 2019 | 4.8% | -3.9% |
| 2020 | -10.5% | -318.1% |
| 2021 | 4.8% | -145.1% |
| 2022 | 6.8% | +42.1% |
| 2023 | 4.7% | -31.0% |
| 2024 | 4.8% | +3.8% |
| 2025 | 3.6% | -26.5% |
Philippines compared with similar countries
- Philippines's 3.6% is above the median for upper middle income countries, which is 3.1%, 1.1× the median. (58 countries reporting)
- Philippines's 3.6% is above the median for East Asia & Pacific, which is 3.4%, 1.0× the median. (36 countries reporting)
Biggest year-on-year movements
Years where Annual growth of GDP per capita in Philippines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | +1521.3% | -0.4% | 5.2% |
| 1994 | +963.1% | -0.2% | 2.1% |
| 1984 | -841.4% | -1.0% | -9.7% |
| 1965 | +812.0% | 0.2% | 2.2% |
| 1991 | -687.9% | 0.5% | -2.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.9% | 0.2% | 3.7% | 9 |
| 1970s | 3.2% | 1.0% | 6.4% | 10 |
| 1980s | -0.6% | -9.7% | 3.9% | 10 |
| 1990s | 0.4% | -3.0% | 3.4% | 10 |
| 2000s | 2.5% | -0.4% | 4.7% | 10 |
| 2010s | 4.7% | 1.8% | 5.7% | 10 |
| 2020s | 2.3% | -10.5% | 6.8% | 6 |
Countries ranked near Philippines
More economy & growth data for Philippines
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.98 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.4 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.60 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0033 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 13.72 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 7.79 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -17.1 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.016 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 66.71 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 4.46 % change on previous year (2025)
Frequently asked questions
- What is annual growth of gdp per capita in Philippines?
- Annual growth of gdp per capita in Philippines was 3.6% in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest annual growth of gdp per capita recorded in Philippines?
- The highest recorded value was 6.8% in 2022.
- What is the lowest annual growth of gdp per capita recorded in Philippines?
- The lowest recorded value was -10.5% in 2020.
- How does Philippines rank for annual growth of gdp per capita?
- Philippines ranks 65th out of 212 countries with data for 2025.
- Is annual growth of gdp per capita rising or falling in Philippines?
- Over the last ten years it is down 25.7%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Annual growth of GDP per capita. Statizoid updates them automatically from the source API.
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About this data
This data is adjusted for inflation.